on 06-03-2011 9:14 AM
Forum,
When posting an invoice with a discount on it, it doesn't seem to show/record a seperate accounting entry for the discount being applied on the P&L. It shows the gross and net figures but not the discount amount.
Why would this be?
Regards,
Juan
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HI
only it includes Tax account or other TDS account in that journal entry...
It wont include discount as seperate account...
Thank you for your clear and concise answer.
Hi Juan,
SBO does not post a separate entry for the discount, just check the journal of an invoice with discount on it. It deducts it from the total amount.
Hope this helps.
Nat
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